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    rsca's Avatar
    rsca Posts: 4, Reputation: 1
    New Member
    		  
    #1

    Aug 27, 2009, 04:18 PM
    One month’s advertising was expended
    Adjustment:

    One month’s advertising was expended in accordance with the agreement made
    With the newspaper on December 1.

    November Advertising Expense: $300.00
    December Advertising Expense: $200.00

    Will it show Advertising Expense only $200.00 and consider December Advertising Expense as expended

    OR

    Total expended: $500.00

    What $$ amount will be reduced or increased during adjustments
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
    Uber Member
    		  
    #2

    Aug 27, 2009, 07:00 PM

    I don't know what month you're trying to do the entries for. The information is confusing. Even that first sentence: does that mean the agreement was made on Dec 1 or that one month had been expended by Dec 1? And I don't know if you're trying to do an entry for Nov 30 or Dec 31.

    Can you clarify the information?
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